Hello Sir,
I along with one of my friend started registered a pvt. limited company in mumbai in sep. 2004. We were four directors:
1. Myself
2. My wife
3. My Friend
4. His Wife
The business was not doing well and for the turnover was very low:
04-05: 4 Lac
05-06: 6 Lac
07-08: 8.5 lac
08-09/: 10 Lac
In between (Nov 2007) due to some reasons my friend left the company with our internal settlement. So effectively we are two directors now (me and my wife).
Now the problem is, as our business was not doing well we could not file any single return to ROC nor of Income tax We sincerely tried but could not), there were no AGM's,. (We still do not even have our digital signatures.) My partner has handed over the shares to me, I have his (and his wife's) resignation letter and our settlement on Rs. 20 stamp paper and thats it. Although he is ready for any formalities required now.
So, where does my company stands today:
1. We did not filed even a single return to ROC and Income Tax dept.
2. We did not informed the ROC about the resignation of the two directors.

But now I really want to clear the things if possible. I really do not want my company to be defunctional or something similar. I am still doing the business in its name. Please advise if I could still revive my company, how to go about it and the likely expences I should be prepared for. A proper advise could had saved me but I think it could still save me. Please help.

Thanks & Regards,
Ratan

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